Technical Analysis for FWRD - Forward Air Corporation

Grade Last Price % Change Price Change
D 24.50 -1.88% -0.47
FWRD closed down 1.88 percent on Thursday, July 18, 2024, on 42 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Jul 31
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Bearish Engulfing Bearish -1.88%
Stochastic Sell Signal Bearish -1.88%
Slingshot Bullish Bullish Swing Setup -1.88%
Upper Bollinger Band Walk Strength -1.88%

   Recent Intraday Alerts

Alert Time
Outside Day about 17 hours ago
Fell Below Previous Day's Low about 17 hours ago
Down 3% about 17 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
Down 2 % about 20 hours ago

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Profile

Forward Air Corporation Description

Forward Air Corporation, together with its subsidiaries, provides surface transportation and related logistics services to the North American expedited air freight market. The company operates in two segments, Forward Air, Inc. (Forward Air) and Forward Air Solutions, Inc. (FASI). The Forward Air segment provides time-definite surface transportation and related logistics services. This segment offers local pick-up and delivery and scheduled surface transportation of cargo as an alternative to air transportation. It also provides a range of logistics and other services, including expedited full truckload; dedicated fleets; local pick-up and delivery; warehousing, dock, and office space; drayage and intermodal; hotshot or ad-hoc ultra expedited services; customs brokerage; and shipment consolidation, deconsolidation, and handling services. This segment markets its airport-to-airport services primarily to freight forwarders, integrated air cargo carriers, and passenger and cargo airlines. The Forward Air segment offers its transportation services primarily through a network of terminals located at or near airports in the United States and Canada. The FASI segment provides pool distribution services in the Mid-Atlantic, Southeast, Midwest, and Southwest continental United States. Its pool distribution services include managing high-frequency handling and distribution of time-sensitive product to various destinations in specific geographic regions. This segment serves distributors and specialty retailers, such as mall, strip mall, and outlet-based retail chains through a network of terminals and service centers located in 19 cities. It also targets customers in hospitality, healthcare, lawn and garden, and publishing industries. The company was founded in 1981 and is headquartered in Greeneville, Tennessee.


Classification

Sector: Industrials
Industry: Integrated Shipping & Logistics
Keywords: Transport Freight Transport Logistics Logistics Services Transportation Service Airport Cargo Distribution Services Retail Chain Freight Forwarder Air Transportation Customs Brokerage Third Party Logistics Drayage Airport Services Related Logistics Services Cargo Airline Cargo Airlines

Is FWRD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 120.5057
52 Week Low 11.2101
Average Volume 1,468,936
200-Day Moving Average 41.82
50-Day Moving Average 18.68
20-Day Moving Average 20.80
10-Day Moving Average 22.07
Average True Range 1.49
RSI (14) 67.64
ADX 20.77
+DI 34.24
-DI 17.55
Chandelier Exit (Long, 3 ATRs) 21.29
Chandelier Exit (Short, 3 ATRs) 21.99
Upper Bollinger Bands 25.44
Lower Bollinger Band 16.17
Percent B (%b) 0.9
BandWidth 44.56
MACD Line 1.38
MACD Signal Line 0.80
MACD Histogram 0.5864
Fundamentals Value
Market Cap 754.53 Million
Num Shares 30.8 Million
EPS 4.11
Price-to-Earnings (P/E) Ratio 5.96
Price-to-Sales 0.76
Price-to-Book 1.92
PEG Ratio 2.01
Dividend 0.96
Dividend Yield 3.92%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.99
Resistance 3 (R3) 27.08 26.34 26.57
Resistance 2 (R2) 26.34 25.70 26.29 26.43
Resistance 1 (R1) 25.42 25.31 25.05 25.33 26.30
Pivot Point 24.68 24.68 24.49 24.63 24.68
Support 1 (S1) 23.76 24.05 23.39 23.67 22.70
Support 2 (S2) 23.02 23.65 22.98 22.57
Support 3 (S3) 22.10 23.02 22.43
Support 4 (S4) 22.01